Answer:
Type A to produce 44 bags and Type B to produce 16 bags to maximize profit of $440
Explanation:
Let X be the number of bags for Type A and Y be the number of bags for Type B
Cutter Finisher
Type A 2X 1X = $6X
Type B <u> 1Y 2Y = $11Y</u>
104 76
2x+1y= 104
1x+2y=76
y= 104-2x
x+2(104-2x) = 76
x+ 208-4x = 76
132= 3x
x= 44 bags
y= 104-2(44)
y= 16 bags
Type A should produce 44 bags and Type B 16 bags to maximize profit
Maximum Profit = 6X + 11Y
= 6(44) + 11(16)
= $440
I would say that New Seasons is creating a model for a store which sells local products and ones which its' customers approve of ie it could be for a particular type of sardine for example or a particular ethnic food like tamales so that its customers wishes are taken into account and acted upon.
The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400
Answer:
C. arithmetic average return
Explanation:
Arithmetic average return can be defined as the return on investment brought about by adding the returns for all sub-periods and then dividing it by the total number of periods. It overstates the true return and it is appropriate for shorter time periods and in this case, the best option for a performance forecast.
